DOL Releases Informal Guidance Addressing Fiduciary Responsibilities With Respect to Target Date Funds

By on May 7, 2013

by Joseph S. Adams, Anne S. Becker, Karen A. Simonsen and Ashley McCarthy

Recent U.S. Department of Labor (DOL) guidance underscores the need for plan fiduciaries to rigorously examine and monitor target date fund (TDFs), and potentially explore the use of custom or non-proprietary TDFs.

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